Social media routine
Roll call
New listing
Results of SEO -Rewards
1. Winter storm and federal money for homeowners to recover.
FEMA is entering - winter storm
Public assistance - they know about all the storms that happened.
They want to reduce insurance claims
Names of storms is related with the amount that the insurance will pay
2. I buyers are down: are they out?
I Buyers - there was a trend in past years - industry disruptors - the world changed in 2020
Transaction volumes - there was a trend - they had 60,000 properties, working with market share
This trend is dramatically down
Covid transactions
I buyer program - it was a great concept (bought properties, fixed some things and sold them again)
We discovered things that were not disclosed, maybe it was not intentional - there were many hands in the transaction - it was difficult to get it.
I buyer reputation was damaged.
Process is too long in today's market - things change
Opendoor - they are top of mind - we hear of them all the time (they are down %)
Offerpad stayed the same in market share
3. Choose contractors WISELY
Be careful, because here is where people get burned if they have storm damage.
Make sure people don't panic. Get references
Have a reference of the people that are doing the work. Good realtors don't usually ask for anything upfront.
Damage in a home - thought it would take a lot of time to fix, but the contractor was there on top of the situation and mitigated the damage.
It goes back to relationships - know good contractors
That's a Wrap
All topics were reviewed
Winter storm FEMA
I buyers - where are they now and why
Choose contractors
Tomorrow show me your listings - zoom
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